EnCap Energy Capital Fund VI LP and EnCap Energy Capital Fund VI-B LP, investment funds managed by Houstonbased EnCap Investments LP, have acquired 3.6 million shares of GFI Oil & Gas Corp., Calgary, (CDNX: GFI) in a deal valued at C$2.9 million. The deal represents 2.21% of GFI’s outstanding shares. EnCap VI acquired 2.3 million shares (1.43%) and EnCap VI-B acquired 1.3 million shares (0.78%). EnCap Investments LP is the manager of EnCap VI and EnCap VI-B. GFI has core interests in two offshore fields under development; the 104,000- acre Bualuang oilfield offshore Thailand (60%) and a 35% nonoperated interest in the 83,000-acre Kambuna gas and condensates project offshore northern Sumatra, Indonesia.
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